Question
If a firm's marginal revenue from its 100th unit of output is $50 and the marginal cost from its 100th unit of output is $45, then in the short run this firm should:
Question 12 options:
A) increase its plant size.
B) change its technology.
C) produce more than 99 units of output.
D) produce less than 100 units of output.
Question 12 options:
A) increase its plant size.
B) change its technology.
C) produce more than 99 units of output.
D) produce less than 100 units of output.
Answers
GPT 3.5
D) produce less than 100 units of output.